With 0.84 million shares changed hands, the volume of the stock remained lighter than its average volume of 1.14 million shares. The 52-week range on TERN shows that it touched its highest point at $11.40 and its lowest point at $1.87 during that stretch. It currently has a 1-year price target of $16.67. Beta for the stock currently stands at -0.18.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of TERN was down-trending over the past week, with a drop of -8.48%, but this was up by 41.12% over a month. Three-month performance dropped to -32.29% while six-month performance fell -58.29%. The stock lost -50.08% in the past year, while it has lost -45.49% so far this year. A look at the trailing 12-month EPS for TERN yields -1.09 with Next year EPS estimates of -1.30. For the next quarter, that number is -0.29. This implies an EPS growth rate of -4.40% for this year and -11.02% for next year. EPS is expected to decline by -10.68% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 16.38%.
Float and Shares Shorts:
At present, 87.30 million TERN shares are outstanding with a float of 65.33 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for TERN since 5 analysts follow the stock currently. There are 3 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 2 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of -$1.17485 being high and -$1.2351 being low. For TERN, this leads to a yearly average estimate of -$1.19493.
